REC Limited

Common Name
REC
Country
India
Sector
Financial Services
Industry
Credit Services
Employees
512
Ticker
RECLTD
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Rec Ltd. is a specialized financial institution that plays a pivotal role in India's power sector. Established to provide financial assistance to power projects across the nation, Rec Ltd. primarily f...

REC Energy Data Preview

In 2024, REC disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

REC disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, REC did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind REC’s Energy Management Data

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a. REC's Annual Report 2024
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Insights into REC's Energy Renewability

In 2024, REC consumed a total of 15,014 Gigajoules of energy across its operations. Of this total, 33.07% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 66.93% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

REC's Energy Renewability Rate

33%

How much of REC's energy consumed is renewable?

In 2024, REC consumed a total of 15,014 Gigajoules of energy, of which 33.07% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This moderate level of renewable energy adoption indicates that REC is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are REC's energy practices becoming more sustainable?

Since 2024, REC's total energy consumption increased by 15.78%, reflecting a recent rise in overall energy demand. a

Over the same period, the share of renewable energy in REC's consumption decreased by 11.65%, showing a recent negative trend in clean energy adoption. a

REC's Renewable vs Non-renewable Energy Over Time

11.05 k5.05 k946.111.05 kGigajoules (GJ)2023202437%33%63%67%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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